Somero Enterprises, Inc. with EPIC/TICKER LON:SOM has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘CORPORATE’ this morning by analysts at finnCap. Somero Enterprises, Inc. are listed in the Industrials sector within AIM. finnCap have set their target price at 185 GBX on its stock. This is indicating the analyst believes there is a potential upside of 34.5% from today’s opening price of 137.5 GBX. Over the last 30 and 90 trading days the company share price has increased 0.5 points and increased 7.35 points respectively.
Somero Enterprises, Inc. LON:SOM has a 1 year high for the stock price of 158 GBX while the 52 week low for the stock is 110.22. There are currently 55,411,058 shares in issue with the average daily volume traded being 155,163. Market capitalisation for LON:SOM is £77,963,357 GBP.
Somero Enterprises, Inc. is the manufacturer of patented and laser-guided equipment. The Company’s equipment automates the process of spreading and leveling volumes of concrete for commercial flooring and other horizontal surfaces, such as paved parking lots in North America. Its manufacturing facilities are located in Michigan. The Company’s products are marketed in Europe, Middle East and Africa, Latin America and Asia through direct sales force, sales representatives and dealers.